Verizon just launched two cheaper prepaid plans with unlimited talk and text messaging. The $70 plan offers 2GB of 3G data and for $60 you get 500MB. Previously, Verizon only had an $80 prepaid plan, that offered unlimited talk and text and 1GB of data. More data for cheaper? Good! The only thing is that the plan is only available with "many" 3G smartphones like for example that Samsung Illusion, the HTC Droid Incredible 2, and most BlackBerry models. So, basically, unforgivably terrible phones.

Update

We reached out to Verizon for a complete list of phones and to learn more about the iOS devices the release alludes to. You'll be able to use the iPhone 4 and iPhone 4S with this plan. We'll let you know if that's the case.
[Verizon]